The NRW Ministry of Economic Affairs consists of nine departments: I. Central Department II. Digitization of the State Administration III. Economic Policy IV. Innovation and Markets V Digitization and Economic Development VI. Energy VII. Climate protection VIII. Location marketing and development IX. Business law The organization chart of the Ministry contains information on the departments and units. A detailed overview of the tasks and responsibilities can be found in the business distribution plan shortly. The subordinate section of the Ministry of Economic Affairs includes the state-owned companies Information and Technology North Rhine-Westphalia, Geological Service NRW, Measurement and Calibration NRW (LBME) and the Materialprüfungsamt NRW (MPA). In addition, the Ministry carries out the technical supervision of the Department 6 "Mining and Energy" of the district government Arnsberg and parts of the Departments 34 of the district governments Arnsberg, Detmold, Dusseldorf, Cologne and Münster.
Düsseldorf is the capital of North Rhine-Westfalia, Germany's most populous federal state and lies right in the heart of the European Market. 150 Million people live within a radius of 500 kilometres, representing 35 Percent of the European Union's total population. These and about 500.000 companies, located in Düsseldorf's catchment area, represent a huge market potential for international start-ups entering the German market. There are currently over 250 start-ups located in Düsseldorf - among them leading start-ups like Trivago, Auxmoney, Springlane, Just Spices or Eurosimtech. These are an important factor for the innovative strength of the economy in and around the state capital. As part of Düsseldorf’s start-up initiative, a long-term strategy and several projects were defined by the entire start-up community, all with one definitive goal: improving the basic conditions for start-ups and scale-ups in Düsseldorf.
NRW.BANK is the development bank for North Rhine-Westphalia. It essentially orients its equity products on the life cycle of the firms. Thus, the regional NRW.BANK.Seed Fund invigorates the early-phase funding in North Rhine Westphalia. Young high-tech firms are supported by funding of up to € 8 million via the NRW.BANK.Venture Fund and digital companies via the NRW.BANK.Kreativwirtschaftsfonds. For businesses with above-average growth prospects and a convincing management team NRW.BANK provides contacts to potential private investors within the win NRW.BANK Business Angels Initiative. In addition, the NRW.BANK.Mittelstandsfonds and the NRW.BANK.Spezialfonds provide equity in the amount of € 1 to 7 million to growth intensive mid-cap companies in special funding and restructuring situations.
High-Tech Gruenderfonds invests in young, high potential high-tech start-ups. The seed financing provided is designed to enable start-ups to take an idea through prototyping and to market launch. Typically, High-Tech Gruenderfonds invests EUR 500,000 in the seed stage, with the potential for up to a total of EUR 2 million per portfolio company in follow-on financing. Investors in this public/private partnership include the German Federal Ministry of Economics and Technology, the KfW Banking Group, as well as thirteen industrial groups of ALTANA, BASF, B. Braun, Robert Bosch, CEWE Color, Daimler, Deutsche Post DHL, Deutsche Telekom, Evonik, Qiagen, RWE Innogy, Tengelmann and Carl Zeiss. High-Tech Gruenderfonds has about EUR 563 million under management in two funds (EUR 272 million HTGF I, EUR 291 million HTGF II).
ACTPHAST 4.0 supports and accelerates the innovation capacity of European companies by providing them with direct access to the expertise and state-of-the-art facilities of Europe's leading photonics research centres (the ACTPHAST 4.0 Partners), enabling companies to exploit the tremendous commercial potential of applied photonics. There are 24 research institutes who together make up the ACTPHAST 4.0 Partners. Together the ACTPHAST 4.0 Partners provide a full spectrum of photonics technology platforms ranging from fibre optics and micro optics, to highly integrated photonic platforms (7 technology platforms in all), with capabilities extending from design through to full system prototyping. ACTPHAST 4.0 operates as an open call to all European companies (big and small, but particularly targeted at SMEs) so they can avail of timely, cost-effective, and low risk photonics innovation support, and that the extensive range of capabilities within the consortium can impact across a wide range of industrial sectors and application domains, from communications to consumer-related products, and life sciences to industrial manufacturing.